Trump Media and Technology Group (NASDAQ: DJT) has been aggressively expanding its product portfolio in recent months to find additional revenue sources. Now, the company has announced yet another growth vector, this time via the M&A route. As a refresher, Trump Media and Technology Group is the parent entity of the Truth Social platform, the Truth Plus content streaming service, and the soon-to-be-launched asset management and ETF service under the Truth.Fi banner. Nonetheless, the company’s revenues remain minuscule, amounting to just $3.6 million in Q4’24, with actual billings of only ~$200,000. This brings us to the crux of the matter. […]
Read full article at https://wccftech.com/trump-media-and-technology-group-djt-to-create-a-strategic-acquisition-fund-with-other-investors-all-eyes-on-the-crypto-exchange-bakkt/
